My client has 10% shares with full rights so already qualifies for B A D Relief. The company is being disposed of and the other share holder wants to transfer more shares from him to his partner so that they can both take advantage of the £1m limits. I see that 5% must have been held for 2 years, which is the case here, but does anyone know if HMRC would enquire on Due Dilligence if share are transferred within a couple of months of sale completion ?
27th May 2021
Claiming Business Asset Disposal Relief
Client already has 10% shares with full rights - they want to transfer more for full relief
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